CONTENTS 10.19.20 VOL.C NO.
Index P. 6
Review & Preview P. 14
Mailbag P. 35
13D Filings P. M
Charting the Market P. M
Winners & Losers P. M
Research Reports P. M
Market View P. M
©2020 Dow Jones & Company, Inc. All Rights Reserved.
Our newspapers are 100% sourced from sustainable certified mills.
BARRON’S (USPS 044-700) (ISSN 1077-8039) Published every
Monday. Editorial and Publication Headquarters: 1211 Avenue of
the Americas, New York, N.Y. 10036. Periodicals postage paid at
Chicopee, MA and other mailing offices. Postmaster: Send address
changes to Barron’s, 200 Burnett Rd., Chicopee, MA 01020
Doyouexpecttoincreaseordecreaseyournetholdingsofthefollowing
assets in the next six months?
0% 10 20 30 40 50 60 70
U.S. Stocks
European
Stocks
Japanese
Stocks
Chinese
Stocks
Emerging
Markets
Stocks
Increase Decrease
P. 20
OurLatestBigMoneyPoll
Cover Story:More than half of the professional investors who responded to our
semiannual survey say they’re bullish on the prospects for U.S. stocks over the next 12
months. Here’s how they’re planning to put money to work.By NICHOLAS JASINSKI
P. 9
Up&DownWallStreet:
Handicapping the Race
Wall Street is betting on a Joe
Biden presidency, even if it means
higher taxes. In the case of a Blue
Wave, muni bonds look attractive.
By RANDALL W. FORSYTH
P. 13
Streetwise:5G iPhones
at 4G Speeds
Demand for Apple’s latest offering
remains to be seen, with networks
largely unprepared. But the deals
might be too good to pass up.
By JACK HOUGH
P. 16
Strong Bank Earnings
Fail to Impress
JPMorgan, Citigroup, and Bank of
America all sold off following solid
reports, as investors focus on risks.
One exception: Morgan Stanley.
By CARLETON ENGLISH
P. 17
Tread Carefully in
the EV-SPAC Space
Special purpose acquisition
companies are a risky way to play
the electric-vehicle revolution.
By NICHOLAS JASINSKI
AND AL ROOT
P. 19
Nabbing eBay Stock
at a Bargain Price
While eBay lacks the flashy growth
of other e-commerce giants, its
back-to-basics strategy under new
CEO Jamie Iannone is paying off.
By ERIC J. SAVITZ
P. 26
For Decent Payouts,
Look to Preferreds
Preferred shares have surged in
popularity, but it’s still possible to
find Treasury-beating yields of 4%
to 8%. Here are our eight picks.
By ANDREW BARY
P. 28
A Go-Anywhere Fund
for Any Market
Profile:The BNY Mellon Global
Real Return fund has delivered for
investors, with only one down year
since its inception in 2010.
By LEWIS BRAHAM
P. 32
Big Tech Companies
Can Keep Growing
Q&A:Wolfe Research’s Steve
Milunovich explains why hot
stocks like Nvidia, Shopify, and
PayPal have staying power.
By AL ROOT
P. 30
Funds:Morgan Stanley
CouldPareFunds
By LEWIS BRAHAM
P. 31
Tech Trader:What to
Glean From iPhone 12
By ERIC J. SAVITZ
P. 34
Economy:China Is
Still Manipulating
Currency Markets
By MATTHEW C. KLEIN
P. 35
Income:Emerging
Market Debt Offers
Attractive Yields
By ALEXANDRA SCAGGS
P. M
Trader:Insight Into
Market Indecisiveness
By BEN LEVISOHN
P. M
Euro Trader:Bunzl
Gets a Covid Bump
By RUPERT STEINER
P. M
Emerging Markets:
Time to Buy China
By CRAIG MELLOW
P. M
Striking Price:Ways to
Play the Surge in Gun
and Ammo Sales
By STEVEN M. SEARS
P. M
Commodities:How
U.S. Election Could
Play Out for Oil
By MYRA P. SAEFONG
Barron’s Roundtable
on Fox Business
Watch our TV show this Friday at
10 p.m. or 11:30 p.m. ET; Saturday
at 10 a.m. or 11:30 a.m.; or Sunday
at 7 a.m., 10 a.m., or 11:30 a.m.
This week, get insights on how to
position your portfolio ahead of
the Novemberelection from Libby
Cantrill, head of public policy for
Pimco.